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The Mormon church has a $100b investment fund.
A few facts:
• Had $1B in the 1970s. By 2019, fund had grown 100x.
• Bought 46k GameStop shares at <$19 each, pre-mania
• 4x’d its Tesla stake to 467k shares
• 16m+ worldwide Mormons. They're expected to tiche 10% of income
FOUNDER PSA. Being an entrepreneur is not about panels, speaking gigs and X under X lists - it’s about doing the hard work-building the right team and culture and strategy - to execute on your vision and solve big problems. Choose how you spend your time wisely folks. #REALTALK – at Santa Monica, CA